BEER MANIA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BEER MANIA
Largest movements
- Stocks and contracts -€24,770
down €24,770 (-32.1%), from €77,120 to €52,350
- Cash +€14,102
up €14,102 (+1,617%), from €872 to €14,975
mainly Stocks and contracts (+€24,770) and Depreciation (+€5,029)
- Receivables within one year +€3,343
up €3,343 (+34.8%), from €9,599 to €12,942
- Short-term financial debts -€6,224
no longer reported in 2025 (was €6,224)
- Trade debts -€5,128
down €5,128 (-29.8%), from €17,192 to €12,064
- Profit (loss) carried forward +€4,508
up €4,508 (+12.3%), from €36,730 to €41,239
- Gross operating margin +€32,837
up €32,837, from -€7,773 to €25,064
- Depreciation +€2,728
up €2,728 (+119%), from €2,302 to €5,029
- Financial charges +€2,567
up €2,567 (+418%), from €615 to €3,182
of which Financial charges: +€2,546
- Taxes +€2,445
up €2,445 (+274%), from €893 to €3,338
- Other operating charges +€1,545
up €1,545 (+20.7%), from €7,462 to €9,007
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,168 | €99,257 | -€6,912 | -6.5% |
| Fixed assets | 21/28 | €18,577 | €18,990 | +€413 | +2.2% |
| Tangible fixed assets | 22/27 | €18,500 | €18,912 | +€413 | +2.2% |
| Plant, machinery and equipment | 23 | €16,294 | €14,572 | -€1,722 | -10.6% |
| Furniture and vehicles | 24 | €2,205 | €4,340 | +€2,135 | +96.8% |
| Financial fixed assets | 28 | €77 | €77 | = | 0.0% |
| Current assets | 29/58 | €87,591 | €80,267 | -€7,324 | -8.4% |
| Stocks and contracts in progress | 3 | €77,120 | €52,350 | -€24,770 | -32.1% |
| Stocks | 30/36 | €77,120 | €52,350 | -€24,770 | -32.1% |
| Amounts receivable within one year | 40/41 | €9,599 | €12,942 | +€3,343 | +34.8% |
| Other amounts receivable | 41 | €9,599 | €12,942 | +€3,343 | +34.8% |
| Cash at bank and in hand | 54/58 | €872 | €14,975 | +€14,102 | +1,617% |
| Total equity and liabilities | 10/49 | €106,168 | €99,257 | -€6,912 | -6.5% |
| Equity | 10/15 | €72,126 | €76,634 | +€4,508 | +6.3% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €16,646 | €16,646 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €14,771 | €14,771 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,730 | €41,239 | +€4,508 | +12.3% |
| Amounts payable | 17/49 | €34,043 | €22,622 | -€11,420 | -33.5% |
| Amounts payable within one year | 42/48 | €34,043 | €22,622 | -€11,420 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | - | €697 | +€697 | |
| Financial debts | 43 | €6,224 | - | -€6,224 | |
| Credit institutions | 430/8 | €6,224 | - | -€6,224 | |
| Trade debts | 44 | €17,192 | €12,064 | -€5,128 | -29.8% |
| Suppliers | 440/4 | €17,192 | €12,064 | -€5,128 | -29.8% |
| Taxes, remuneration and social security | 45 | €10,626 | €9,861 | -€765 | -7.2% |
| Taxes | 450/3 | €10,626 | €9,861 | -€765 | -7.2% |
| Non-recurring operating income | 76A | €5,629 | €5,328 | -€301 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,302 | €5,029 | +€2,728 | +119% |
| Other operating charges | 640/8 | €7,462 | €9,007 | +€1,545 | +20.7% |
| Gross operating margin | 9900 | -€7,773 | €25,064 | +€32,837 | |
| Operating profit (loss) | 9901 | -€17,538 | €11,027 | +€28,565 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €615 | €3,182 | +€2,567 | +418% |
| Recurring financial charges | 65 | €616 | €3,162 | +€2,546 | +413% |
| Non-recurring financial charges | 66B | -€1 | €20 | +€21 | |
| Profit (loss) for the period before taxes | 9903 | -€18,152 | €7,846 | +€25,999 | |
| Income taxes | 67/77 | €893 | €3,338 | +€2,445 | +274% |
| Profit (loss) for the period | 9904 | -€19,045 | €4,508 | +€23,553 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,045 | €4,508 | +€23,553 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.